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31 July 2021

Bitcoin traders split on $40K chances as altcoins eye potential '80-150%' gains

Bitcoin traders split on $40K chances as altcoins eye potential '80-150%' gains


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Bitcoin traders split on $40K chances as altcoins eye potential '80-150%' gains.

As such, buy and sell positions among traders likewise continued their trend from earlier in the week – with the addition of $33,000 slowly forming a resistance zone and support conversely stepping in at $31,000.

Ether (ETH), the largest altcoin by market cap, was back at $2,000, launching away from support levels after briefly losing its 2021 higher lows trend earlier in the week.

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cointelegraph.com
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